INVESTMENT ALERT! Exceptional 0.22-acre city lot with lane access in the heart of Vernon, offering character-filled living paired with massive development potential. Zoned MSH (Medium Scale Housing), this high-density parcel allows for Floor Area Ratio (FAR) up to 3.0, unlocking over 28,000 sq ft of buildable floor area for diverse multi-unit housing. The home offers warmth and charm providing immediate holding value, and could generate up to $2000/month in rental income. Inside, the character-filled main level boasts inviting 9-foot ceilings, sun-filled living spaces, updated windows, and a brand-new electrical panel. The basement expands your usable footprint with a dedicated den and a large built-in hobby workbench. Outside, this large, centrally-located city lot is fully fenced, beautifully landscaped, and exceptionally private. A detached garage provides secure storage, while dedicated RV hookups add ultimate convenience for travelers or extra vehicles. Much of the infrastructure groundwork is already completed including recently updated municipal roads, sidewalks, stable alley access, and critical services are already brought directly to the lot line. Location is unbeatable for future tenants—situated in an evolving residential growth zone just minutes walking distance from downtown Vernon, local boutique shopping, public transit, parks, and the Schubert Centre. This versatile, future- ready property offers true potential. (id:4069)
Address
3802 32 Avenue
List Price
$439,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Ranch
Transaction Type
Sale
Area
British Columbia
Sub-Area
Vernon
Bedrooms
1
Bathrooms
1
Floor Area
1,306 Sq. Ft.
Lot Size
0.22 Sq. Ft.
Year Built
1908
MLS® Number
10403296
Listing Brokerage
RE/MAX Vernon
Basement Area
Full
Postal Code
V1T2N3
Ownership
Freehold
Parking Places (Total)
20
Appliances
Refrigerator, Dryer, Oven - Electric, Washer
Heat Type
Baseboard heaters
Fireplace
Yes
Number of Fireplaces
1
Number Of Floors In Building
1
Water Source
Municipal water
Sewer
Municipal sewage system
